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Jan 15, 2013
01/13
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translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has already passed. the laws that it's already passed. republicans are saying it's about borrowing authority. essentially running up the country's credit card. >> exactly. what the republicans are saying is look, we maxed out the credit card. it's time before we extend any new credit or allow any new credit to do something aboutbe the spending that got us here. that would seem on the surface to be a reasonable argument. but so far, the republicans have not been able to win it. and what tends to happen in the fights when you get all of this late hour melodrama as we have had in the last cou
translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has...
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Jan 18, 2013
01/13
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we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy. >> our hope is to pass something early so the senate can take action as well. i wouldn't be jeopardizingor economy there. it shows it's a rational, put us on a better path. and i would hi the american public could support it and the senate as well. >> fox news poll reveals 83% think government spending is out of control. up five points from two years ago. 69% of those surveyed say the debt limit should only be raised after major cuts. aides to the number two senate republicans does not support giving president obama a blank check but told "houston chronicle" editorial
we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy....
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Jan 14, 2013
01/13
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they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid
they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the...
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Jan 16, 2013
01/13
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rid of the debt ceiling. most countries don't have a debt ceiling. you still need votes from congress to authorize spending. you couldn't just borrow willy nilly anyway. the simple fact is the debt ceiling is the one time in the legislative process where you actually get a bill. everyone having all this contest of whose analogy is right, whether it's a family with a budget, whether it's this. or that, whether it's dining and dashing as the president likes to say. the debt ceiling is the moment you get the credit card bill and it's the only moment. and if you can't have a sort of reckoning about your spending habits when you see your credit card bill you're never going to have that reckoning. i'm in favor of it. i'm in favor of any speed bumps towards more spending and this is as good as any. jon: the president was talking about it at his news conference the other day. i want to play something that he had to say and get your reaction. >> if congressional republicans refuse to pay america's bills on time, socia
rid of the debt ceiling. most countries don't have a debt ceiling. you still need votes from congress to authorize spending. you couldn't just borrow willy nilly anyway. the simple fact is the debt ceiling is the one time in the legislative process where you actually get a bill. everyone having all this contest of whose analogy is right, whether it's a family with a budget, whether it's this. or that, whether it's dining and dashing as the president likes to say. the debt ceiling is the moment...
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Oct 13, 2013
10/13
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ceiling before thursday's deadline. >> if congress refuses to raise what's called the debt ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. nobody in the past has ever seriously threatened to breach the debt ceiling until the last two years. and this is the credit worthiness of the united states that we're talking about. this is our word. this is our good name. this is real. >> but thanks to the 14th amendment, constitutional attorney david rivkin says the default on the federal debt is not even a possibility. i spoke with him earlier and asked him why. >> the united states is the only country that is constitutionally incapable of default. 14th amendment says specifically the public debt of the united states authorized by law cannot be questioned. the supreme court of the united states construed this language in 1935 and made very clear that this language is traditionally enforceable, so individuals who hold bonds and other obligations of the united states, if the united states misses principle interest payment, you can go
ceiling before thursday's deadline. >> if congress refuses to raise what's called the debt ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. nobody in the past has ever seriously threatened to breach the debt ceiling until the last two years. and this is the credit worthiness of the united states that we're talking about. this is our word. this is our good name. this is real. >> but thanks to the 14th amendment,...
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Jan 25, 2013
01/13
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we add the fiscal cliff, the debt ceiling, the joe biden gun- control panel. we have allowed these to take center stage. we are falling into a sideshow trap. all these debates are about government. government is government power or the leading lady or leading man in our country today agreed to -- today's conservatism is wrapped up in solving the city's mass that is the federal budget, the burgeoning deficits, the mammoth federal debt, the shortfall in our entitlement programs. we seem to have an obsession. this is the long game for us to apply. today it is the fiscal cliff and to market will be the fiscal -- and tomorrow it will be the fiscal armageddon. our government has already gone off the fiscal cliff. it happened years ago and it happens every year for many years. today's conservatism is in love with zero. we think if we can unite behind a proposal to cut the debt and put together a spreadsheet and power point and a tv ad, call will be well. this obsession with zeroes is focused on government. by doing this, we sent a not so subtle signal that the focus
we add the fiscal cliff, the debt ceiling, the joe biden gun- control panel. we have allowed these to take center stage. we are falling into a sideshow trap. all these debates are about government. government is government power or the leading lady or leading man in our country today agreed to -- today's conservatism is wrapped up in solving the city's mass that is the federal budget, the burgeoning deficits, the mammoth federal debt, the shortfall in our entitlement programs. we seem to have...
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Mar 3, 2013
03/13
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the nation will once again hit the debt ceiling and risk defaulting on its debt. and on its loans. republicans in congress will demand spending cuts in exchange for a vote on raising the debt ceiling. now there's a bit of good news. that is the president and the house speaker signaled that they will work hard to make sure that the government does snot shut down. in this climate of grid lock. you do not know. they have different ideas and priorities of how to fund the government. the house is starting to move legislation this week to keep the government running. >> all right, dana bash in washington, thank you very much. one prominent republican is not buying the dire predictions over the spending cuts and he is mitt romney. remember him? the former gop president called the cuts an opportunity to help the economy recover. and he blames politics forgettiforge getting in the way. >> this is an opportunity, i look at the seester -- the sequester and the expiring tax cuts to solve the fiscal problems. if we do it, we will be more competitive globally and lead the world in the coming cen
the nation will once again hit the debt ceiling and risk defaulting on its debt. and on its loans. republicans in congress will demand spending cuts in exchange for a vote on raising the debt ceiling. now there's a bit of good news. that is the president and the house speaker signaled that they will work hard to make sure that the government does snot shut down. in this climate of grid lock. you do not know. they have different ideas and priorities of how to fund the government. the house is...
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Jan 18, 2013
01/13
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short-term debt ceiling hike. but here's what i'm not hearing and what we should be hearing is an unambiguous plan to splash spending now. republicans need an absolute rock solid plan to implement the sequester which is $1.2 trillion over the next ten years. this is essential. not just to unite the republican conference. but more importantly, it's essential to helping the economy grow more rapidly. and if the republicans don't get it done, i'll say this. they may lose the house in 2014. so let's talk with karen finney. who's a columnist for the hill and former dnc communications director. and hadley heath, senior policy analyst at the independent women's forum. hadley, this paul ryan, he went out and met with reporters. republicans are in the retreat down in williamsburg, virginia. maybe they'll use a short term increase in the debt ceiling maybe three months or six months. is that the point? how does that inform you? does that get to the heart of the matter? >> it certainly doesn't get to the heart of the matter.
short-term debt ceiling hike. but here's what i'm not hearing and what we should be hearing is an unambiguous plan to splash spending now. republicans need an absolute rock solid plan to implement the sequester which is $1.2 trillion over the next ten years. this is essential. not just to unite the republican conference. but more importantly, it's essential to helping the economy grow more rapidly. and if the republicans don't get it done, i'll say this. they may lose the house in 2014. so...
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Jan 21, 2013
01/13
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one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. what do key republicans take with the attitude toward congress at this point? >> to get real solutions president obama needs to understand what will pass in the republican led house. it will also be acceptable to him. lawmakers tend to be unhappy when the president goes around them. they called on mr. obama to do better. >> he speaks in general terms likes the executive order approach a whole lot better than the legislative approach. you can't get all that foreign with executive order. you have to legislate and you have to legislate realistically. you have to realize you don't control the entire congress. >> republicans don't like that the president is converting his campaign apparatus into a purpose that helped him in his second term. they are thinking that is probably not a good sign in working in a bipartisan fashion. >> one area where they do not agree at all is over the budget. it>> it has been a source of problems when they work on critical issues and budget is a key c
one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. what do key republicans take with the attitude toward congress at this point? >> to get real solutions president obama needs to understand what will pass in the republican led house. it will also be acceptable to him. lawmakers tend to be unhappy when the president goes around them. they called on mr. obama to do better. >> he speaks in general terms likes the executive...
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Jan 18, 2013
01/13
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debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. they should extend it so it doesn't cause concern for the economy and global markets. >> longstanding tradition for the congress to raise the debt ceiling. this is power they have given themselves, the point is without delay. a
debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these...
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Jan 15, 2013
01/13
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but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of washington, but he didn't mean it. and he doesn't believe it. he thinks, and i think rightly thinks, that the political onus will be on the republicans. the president said we aren't a deadbeat nation, which is one of many great quotes in that press conference. >> i like that word, deadbeat. >> we aren't a deadbeat nation, and he said the republicans will turn us into a deadbeat nation if they do what they're threatening -- >> if somebody else objects to the question, if there's a different answer, i'll accept it. did the democrats ever play the game of not paying the bills of the united states government as
but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of...
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Jan 17, 2013
01/13
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. >> stop using the debt ceiling. you'll have a continuing resolution that runs out two weeks afterwards. why risk. in fact, if this is the rhetorical debate you want to have -- >> the problem with the republican party we get into this incrementalism where we assume we can win and keep putting off the debate. let's have a debate about whether or not we should balance our budget. >> a continuing resolution will be passed. the debt ceiling will be raised, right. >> i agree. the debt limit should be raised. >> should be raised with spending cuts and policy changes. >> why. >> so we can put our nation on a path to balance. >> why not have the fight on resolution. you're talking about future spending and not threatening the full faith and credit of the u.s. government. >> nobody is threatening the full faith and credit. >> it undermines your argument to have it during the debt ceiling debate. >> we can have this debate right now. we need it for the next month and come together a month from now and figure out where we stand
. >> stop using the debt ceiling. you'll have a continuing resolution that runs out two weeks afterwards. why risk. in fact, if this is the rhetorical debate you want to have -- >> the problem with the republican party we get into this incrementalism where we assume we can win and keep putting off the debate. let's have a debate about whether or not we should balance our budget. >> a continuing resolution will be passed. the debt ceiling will be raised, right. >> i...
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Oct 12, 2013
10/13
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MSNBC
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if we fool around and screw around the way we are with this debt ceiling, if we breach the debt ceiling, we are sacrificing in a matter of days hundreds of years of what we've built up in that regard. >> elahe, because of that? >> it sounds hyperbolic, but i really mean what i'm saying. >> because of that, paul krugman wrote this week, they are forcing the president into doing something illegal, not protect the full faith and credit of the u.s., or raise the debt ceiling without their approval. when krugman says it, one way or another, the president could simply choose to defy congress and ignore the debt ceiling, wouldn't this also be breaking the law? maybe, maybe not, opinions differ, but not making good on resolutions also break the law. and why not choose the one that hurts america the least? krugman is saying, if you have to, raise that sucker on your own. >> going back to the other point about the deniers, this actually isn't a new sentiment. this goes back to even 2011, there were republicans on the hill saying, well, the debt ceiling not passing, that doesn't mean we're necessa
if we fool around and screw around the way we are with this debt ceiling, if we breach the debt ceiling, we are sacrificing in a matter of days hundreds of years of what we've built up in that regard. >> elahe, because of that? >> it sounds hyperbolic, but i really mean what i'm saying. >> because of that, paul krugman wrote this week, they are forcing the president into doing something illegal, not protect the full faith and credit of the u.s., or raise the debt ceiling...
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Jan 15, 2013
01/13
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> if the american people do not catch on to the severity of all of this, of defaulting on our debts, the cou
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money...
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Oct 7, 2013
10/13
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ceiling, the united states will default on its debt. i want to bring in our company, washington post politics reporter jackie kucinich and chicago sun-times bureau chief lynn sweet. good morning. >> good morning. >> has anything really changed from a week ago? >> not really. maybe there's a little bit more acrimony. it doesn't seem like it. except that you have more republicans coming out and saying that they'll support a clean cr. there's a -- the "washington post" whip count has it somewhere over 20. when you add them to the democrats, it really does seem like the votes are there. but for speaker boehner, there is a huge political risk for bringing this to the floor. you know, anything short of defunding obama care or even getting more republican priorities in a cr is going to look like a failure for some of his members. >> michael bloomberg was on "morning joe" today and he put it this way. >> you take a look at the charade that's going on in washington right now, they have shut down the government. yes, except they're rehiring every
ceiling, the united states will default on its debt. i want to bring in our company, washington post politics reporter jackie kucinich and chicago sun-times bureau chief lynn sweet. good morning. >> good morning. >> has anything really changed from a week ago? >> not really. maybe there's a little bit more acrimony. it doesn't seem like it. except that you have more republicans coming out and saying that they'll support a clean cr. there's a -- the "washington post"...
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Jan 17, 2013
01/13
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he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we rolling on this? i love this. keep the nice part. i would appreciate that. >> she was the irish-american woman of the year, there you go. >> and i accepted. nice to have you congressman, appreciate it. >>> other stories making news john has that for us. >> lots of questions about the story involving notre dame's manti te'o and his girlfriend who was suppose
he'd rather have a conversation about guns than the debt ceiling? >> i think the president is trying to get political support from his base, maybe he feels it strengthens him going into negotiations with the republicans or the fiscal issues. listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant...
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Sep 25, 2013
09/13
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let's deal with the debt ceiling. the bottom line is the president had a phone call late friday night before he headed to the u.n. with speaker boehner. we're told it was brief because the president said he's not going to negotiate anything at all on the debt ceiling. that frustrated republicans, they think the president should sit down with them and go through a number of things they want to add to lifting the nation's debt ceiling. perhaps claiming the healthcare law but jay carney at the podium may it clear they're not going to negotiate and want a clean up or down vote. >> everybody agrees, all the leaders and i think most of the rank and file agree that the debt ceiling must be raised. so you have this unique situation in washington where everybody agrees on a single thing. so congress ought to just raise it. >> in terms of dealing with the healthcare law itself and wrapped up in the other separate negotiations to deal with whether or not the government's going to shut down, as you were talking with senator vitte
let's deal with the debt ceiling. the bottom line is the president had a phone call late friday night before he headed to the u.n. with speaker boehner. we're told it was brief because the president said he's not going to negotiate anything at all on the debt ceiling. that frustrated republicans, they think the president should sit down with them and go through a number of things they want to add to lifting the nation's debt ceiling. perhaps claiming the healthcare law but jay carney at the...
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Oct 6, 2013
10/13
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ALJAZAM
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this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces have carried out raids on targets in libya and somalia. it launched an operation in a coastal town in somalia. officials stay raid in tr ipo li tatargeted an al qaeda member ta u.s. embassy bombing in 1988. >>> he wa was a member of the al qaeda team. >>> it was interesting of such activity there and none of these targets are very easily. >> i would imagine that the west gate of more attacking kenya is probably the american special forces and insurgents community to take advantage of whatever information they have to see oh it back against al-shabab and also against al qaeda. i guess the ben ghazi attack is fres
this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces...
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Jan 21, 2013
01/13
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ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending cuts. none have been discussed at least in the short term are going to solve the problem. the only way you solve the problem is by structural entitlement reform. you have to change the trajectory. it is not 50 billion from defense spending there. it would have an impact in our capability in context with the military but the only way you get serious and change the trajectory of the debt is to have entitlement reform. >> what does that take? we are europe and finally we have to do something about it? >> i think charles's point this is a president who wouldn'
ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending cuts. none...
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Oct 7, 2013
10/13
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that's the debt ceiling deadline. treasury secretary jack lew ran the gauntlet of sunday morning political talk shows. his warning, it's looking a lot more likely the u.s. could default for the first time in its history. >> we're on the verge of going into a place we've never been. failure of
that's the debt ceiling deadline. treasury secretary jack lew ran the gauntlet of sunday morning political talk shows. his warning, it's looking a lot more likely the u.s. could default for the first time in its history. >> we're on the verge of going into a place we've never been. failure of
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Sep 23, 2013
09/13
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will they wrap up before monday, september 30th as they put all their muscle over the debt ceiling and ignore this. it's a strategy that lawmakers previewed. >> we do have eight days to reach a resolution on this. i propose an idea that kept the government operating and open for the entire year while delaying and defending obama care to work out the differences. >> i think the debt ceiling is where this is headed. new york senator schumer is the vice chair of the democratic conference. they kept harry reid running and i asked them if congress can get their act together before midnight. >> i think it's very likely we will avoid a shut down. it's becoming clearer and clearer that ted cruz has climbed out on a and it is getting sawed off. he is trying to figure out a graceful way out. the vast majority of people and most republicans thought this was a bad strategy and pushed by a very powerful right group and i think it got too far ahead of them. >> how quickly will you be able to accepted your version of this budget resolution that we were just talking about two months. that seems comple
will they wrap up before monday, september 30th as they put all their muscle over the debt ceiling and ignore this. it's a strategy that lawmakers previewed. >> we do have eight days to reach a resolution on this. i propose an idea that kept the government operating and open for the entire year while delaying and defending obama care to work out the differences. >> i think the debt ceiling is where this is headed. new york senator schumer is the vice chair of the democratic...
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Jan 19, 2013
01/13
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president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> republicans made their choice today during a gop retreat in williamsburg, virginia. house majority leader eric cap tore reportedly announced plans to pass a bill extending the debt limit for an additional three months. it's the clearest signs yet republicans have no intention of ever defaulting on the country's debt. in a statement the white house responding, saying, we are encouraged. there are signs congressional republicans may back off their insistence on holding our economy hostage to extract drastic cuts in medicare, education and programs middle class families depend on. the temporary nature of the increase is somewhat troubling. a white house official told nbc news it's a terrible way to run the country. but the aid
president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> republicans made their choice today during a gop retreat in williamsburg, virginia. house majority leader eric cap tore reportedly announced plans...
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Jan 20, 2013
01/13
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lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple with the budget woes, with the economy that cannot get over the hump. it will consume most of his time, i believe, in the second term. >> what he cannot do going into the term is go from economic crisis to economic crisis. that is not leadership. he has to figure out how to address this in ay way. our health care reform cannot waste, must not wait and will not wait another year. >> passing health care legislation early on was high on the president's to-do list. he picked kansas governor to head up health and human services, to get health care legislation done he largely passed control over to congress to put the bill together and to figure out how to get it through. it became a messy process about 2,000-plus-page
lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple with the budget woes, with the economy that cannot get over the hump. it will consume most of his time, i believe, in...
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Oct 6, 2013
10/13
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the debt ceiling as his next bargaining chip? >> it has been the best leverage that congress has to rein in the executives. >> plus captured alive. u.s. commandos launched twin terror raid this is weekend arresting one of the world's most wanted men. >> members of al qaeda and other terrorist organizations literally can run but they can't hide. >> and no options. the states that refuse to expand medication are leavings americah insurance. >>> and miley cyrus bringing the circus to the snl stage. find out who survived. lots to get to, but we start with day six of the government shutdown and today the talk was all about nearing the debt ceiling deadline. the white house took advantage of the sunday talk show circuit with treasury secretary jack lew who appeared on four of the sunday shows. republicans countered with house speaker john boehner. let's get right to the brain trust. julie pace, white house correspondent, bob hurder, and zachary caravelle, columnist from reuters. between to see you. julie, john boehner laying blame for
the debt ceiling as his next bargaining chip? >> it has been the best leverage that congress has to rein in the executives. >> plus captured alive. u.s. commandos launched twin terror raid this is weekend arresting one of the world's most wanted men. >> members of al qaeda and other terrorist organizations literally can run but they can't hide. >> and no options. the states that refuse to expand medication are leavings americah insurance. >>> and miley cyrus...
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Oct 3, 2013
10/13
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WMPT
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, over the debt ceiling does not help. the government shutdown is that enough but failure to raise the debt ceiling would be far worse. and could very sears the damage that only the u.s. economy -- very seriously damage not only the u.s. economy, but the global economy. >> while congress continues to there is onending, country caching in. >> republican opposition to obama care is at the heart of the government shutdown. museums, memorials, parks and zoos have been forced to shut their doors. india.ning new doors in the indian generic medicine industry is gearing up for a huge boost of demand in the u.s.. nearly 40% of the drugs used in the u.s. comes from india and it is going to get bigger. >> we see a tectonic change in generic consumption and pharmaceuticals that will happen in the united states. being a big provider of that kind of product to the world, india stands to gain significantly. >> more and more doctors in the u.s. are now prescribing generic drugsw. >> because of obama care, now the dollar amount that is bei
, over the debt ceiling does not help. the government shutdown is that enough but failure to raise the debt ceiling would be far worse. and could very sears the damage that only the u.s. economy -- very seriously damage not only the u.s. economy, but the global economy. >> while congress continues to there is onending, country caching in. >> republican opposition to obama care is at the heart of the government shutdown. museums, memorials, parks and zoos have been forced to shut...
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Oct 8, 2013
10/13
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KQED
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but the greatest risk looms in just ten days when the federal government hits the debt ceiling, running out of borrowing authority and defaulting on paying its debt. treasury secretary jack lew said sunday he cannot extend the deadline any further. >> i'm telling you that on the 17th we run out of our ability to borrow and congress is playing with fire. if they don't extend the debt limit, we have a very, very short window of time before those scenarios start to be played out. >> reporter: today jean sperling, a senior presidential economic advisor did not rule out accepting a debt ceiling extension of just 2 to 3 weeks. senate democrats said they will introduce a debt ceiling bill this week with no other provisions attached. house republicans have said they want spending cuts and other add-ons included. >> woodruff: for the latest on what is happening behind the scenes, we turn to robert costa. he is the washington editor for the "national review," and joins me from capitol hill. robert, welcome to the program. what is the latest? what are you hearing right now? >> house republican lea
but the greatest risk looms in just ten days when the federal government hits the debt ceiling, running out of borrowing authority and defaulting on paying its debt. treasury secretary jack lew said sunday he cannot extend the deadline any further. >> i'm telling you that on the 17th we run out of our ability to borrow and congress is playing with fire. if they don't extend the debt limit, we have a very, very short window of time before those scenarios start to be played out. >>...
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Jan 21, 2013
01/13
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CNBC
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we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in the private sector, which needs to be fluffed off. there's a deraef raejing that you've been seeing right across the western world is still going to go on, i think, for the best part of this decade. >> and we heard leading up to this election that rarely has a u.s. president been elected with such high levels of unemployment. what was different this time? >> oh, i think it had something to do with the candidate he was facing not being able to energize the public. but i also think, look, reflation? the public loves that, right? free money. >> but do th
we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in...
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Oct 7, 2013
10/13
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WETA
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he tried to get a grand bargain in 2011 during its debt ceiling talks and they thincan do it again. they think that what is happening right now is political feeder and come the deadline midnight of october 16th john boehner ultimately, they hope, will be able to cut a deal. >> woodruff: so what is it its republicans in the house need in order to move. >> they need a figure leaf, a concession in the white house. after having the brinksmanship on the debt limit and shutdown they can't go to the tea party base and they they got nothing in return. they want a repeal of the medical device tax, perhaps trade of sequestration cuts for trained cpi, the way social security is calculated, some concessions to sell to republicans around the country. >> woodruff: give us a sense of what is going on on the hill. we know many of the members may still have been out of town today. are there meetings going on constantly? is it all in the back room? give us a sense of how if feels. >> so allots of members were returning to washington today. and there was a tornado warning here in the capitol. and so m
he tried to get a grand bargain in 2011 during its debt ceiling talks and they thincan do it again. they think that what is happening right now is political feeder and come the deadline midnight of october 16th john boehner ultimately, they hope, will be able to cut a deal. >> woodruff: so what is it its republicans in the house need in order to move. >> they need a figure leaf, a concession in the white house. after having the brinksmanship on the debt limit and shutdown they can't...
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Jan 15, 2013
01/13
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MSNBCW
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ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm we'illing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president obama knows
ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or...
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Oct 3, 2013
10/13
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WETA
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, over the debt ceiling does not help. the government shutdown is that enough but failure to raise the debt ceiling would be far worse. and could very sears the damage that only the u.s. economy -- very seriously damage not only the u.s. economy, but the global economy. >> while congress continues to there is onending, country caching in. >> republican opposition to obama care is at the heart of the government shutdown. museums, memorials, parks and zoos have been forced to shut their doors. india.ning new doors in the indian generic medicine industry is gearing up for a huge boost of demand in the u.s.. nearly 40% of the drugs used in the u.s. comes from india and it is going to get bigger. >> we see a tectonic change in generic consumption and pharmaceuticals that will happen in the united states. being a big provider of that kind of product to the world, india stands to gain significantly. >> more and more doctors in the u.s. are now prescribing generic drugsw. >> because of obama care, now the dollar amount that is bei
, over the debt ceiling does not help. the government shutdown is that enough but failure to raise the debt ceiling would be far worse. and could very sears the damage that only the u.s. economy -- very seriously damage not only the u.s. economy, but the global economy. >> while congress continues to there is onending, country caching in. >> republican opposition to obama care is at the heart of the government shutdown. museums, memorials, parks and zoos have been forced to shut...
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601
Jan 20, 2013
01/13
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CNNW
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>> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening to say we are not going to pay our bills unless we get what we want, deeper cuts in medicare than required or tank the economy. this false equivalence needs to stop. the barrier to progress here is not the president. we need more republicans in congress to think like republicans in the country who are seeking compromise, seeking balance, because we are poised here to really grow. if washington can do its part and not get in the way, our economies continue to grow, we can make big progress. >> this a president we are going to see, hey, he i
>> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the same thing when he was a senator, he changed his mind. absolutely not. did he vote against. he has spoken to that that was a political vote answered has learned from that but at the time, congress wasn't threatening...
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Oct 11, 2013
10/13
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CSPAN2
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our pongs the debt ceiling hasn't changed. which is that it ought to be removed by congress as a tool in budget negotiations. because in the president created in 2011 republicans have now, for the second time, used the threat of default in an attempt to extract concessions that they could not extract through normal legislative means or through the election process. so that is unacceptable. it's not personal, it's not about this president. it's unacceptable as a governing mechanism for this country moving forward. because it would create a scenario where quarter after quarter or biannually or manufacturing crises whether there was default or not do harm to our economy. slow job, reduce job creation, squeeze the middle class, squeeze maws within and it's not the way to do business. i think you are seeing among a number of lawmakers, both in the senate and the house, who are republicans, a recognition that it's not the right approach to take. when we have -- opinions about the kinds of decisions we need to make to move forward wi
our pongs the debt ceiling hasn't changed. which is that it ought to be removed by congress as a tool in budget negotiations. because in the president created in 2011 republicans have now, for the second time, used the threat of default in an attempt to extract concessions that they could not extract through normal legislative means or through the election process. so that is unacceptable. it's not personal, it's not about this president. it's unacceptable as a governing mechanism for this...